Doping leak: One-third of medals won in the Olympics and World Championships between 2001 and 2012 are suspicious

•August 4, 2015 • 2 Comments

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http://www.rt.com/news/311397-doping-leak-iaaf-scandal/

The data of over 5,000 athletes who participated in the Olympics and world championships has fallen into the hands of British and German reporters, who say that suspicious test results haven’t led to the withdrawal of medals.

According to the “biggest leak of blood-test data in sporting history,” one-third of medals won in the Olympics and World Championships between 2001 and 2012, including 55 gold medals, were suspicious.

The database of the International Association of Athletics Federations (IAAF) was obtained by The Sunday Times newspaper and the German broadcaster ARD/WDR though a whistleblower, who reported that none of the cheating athletes were stripped of their medals.

“Never have I seen such an alarmingly abnormal set of blood values,” anti-doping expert Robin Parisotto told The Sunday Times. “So many athletes appear to have doped with impunity, and it is damning that the IAAF appears to have idly sat by and let this happen.”

The president of the World Anti-Doping Agency (WADA), Sir Craig Reedie, said his organization was “very disturbed by these new allegations… which will, once again, shake the foundation of clean athletes worldwide.”

Until Friday, the IAAF was threatening the newspaper to prevent its publishing of the “IAAF’s entire blood-testing database … or at least a very substantial part of it,” which was “in unlawful possession.”

Commenting on the revelation, the IAAF said in a statement that it was “aware of serious allegations made against the integrity and competence of its anti-doping programme.”

It added: “The IAAF is now preparing a detailed response to both media outlets and will reserve the right to take any follow-up action necessary to protect the rights of the IAAF and its athletes.”

Earlier, the association stated that the introduction of its biological passport in 2009 has eased the systematic investigation of all “atypical” results. It said that the spending on combating cheating reaches $2 million a year, “as a percentage of overall annual budget, this is the highest of any sport.”

The Sunday Times called Russia “the blood-doping center of the world,” and claimed it was responsible for over 80 percent of the undeserved medals. Kenya, the motherland of great runners, has turned out to be another “doping hotbed,” the paper said.

“This scandal doesn’t concern Russia, it concerns the global system of athletics,” Russian Sports Minister Vitaly Mutko told TASS news agency. “The situation is difficult, but there’s no need to dramatize it.”

“Russia has taken and will take harsh measures against the cheaters. But we have to deal with the situation in a calm manner, not going to extremes because of a film,” Mutko added.

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follow the money..

those kenyan runners did always freak me out..one country could keep producing world champions and yet countries alongside them had none..maybe this is why..

“Kenya, the motherland of great runners, has turned out to be another doping hotbed, the paper said.”

they also manage to include russia..the favorite enemy..

“The Sunday Times called Russia “the blood-doping center of the world,”

corruption is everywhere..fakes and actors dominate our lives..

“So many athletes appear to have doped with impunity, and it is damning that the IAAF appears to have idly sat by and let this happen.”

401

IMF approves new loan tranche to Kiev

•August 4, 2015 • Leave a Comment

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http://www.rt.com/business/311343-imf-loan-ukraine-debt/

Kiev is going to receive a new tranche of the $17.5 billion loan from the IMF despite concerns over its growing national debt and shaky truce in eastern Ukraine torn apart by civil war. In return, the IMF expects Kiev to put its economy “on the path to recovery.”

Ukraine is going to get the approved $1.7 billion, a tenth of the $17.5 billion financial assistance program adopted by the IMF executive board in March.

Back in March, Kiev already got $5 billion of initial disbursement under the IMF financial assistance program. The policy of the Washington-based institution, representing 188 countries, implies that the IMF would provide financial assistance only to a country that is “sustainable with high probability” of repaying debt.

The IMF assistance program to Ukraine is designed for a period of four years and implies financial assistance to the Kiev authorities to be confirmed gradually, in return for implemented reforms in Ukraine, aimed, according to the IMF statement, to “put the economy on the path to recovery” and “strengthen public finances.”

“Ukraine has been an incredibly encouraging situation,” IMF managing director Christine Lagarde said earlier this week.“We have seen political determination to change the face of Ukraine,” she said.

Kiev has welcomed the new tranche, promising to use it for the replenishment of reserves at the National Bank.

“The new tranche will encourage growth in the economy and reassure financial markets both domestically and internationally,” the Ukrainian Finance Ministry said in a statement.

The economic situation in Ukraine is harsh, however. The country’s national debt is expected to reach 135 percent of GDP this year, which means it will practically double from last year’s 70 percent.

After Ukrainian President Viktor Yanukovych was ousted in early 2014, the country’s new government initiated a number of tough economic programs designed by the IMF, which include sharp increases in utility charges, major cuts to social programs and other unpopular measures.

A large number of workers have either lost their jobs or have to wait for months to get their wages paid.

But the IMF’s first deputy managing director, David Lipton, believes that the Ukrainian authorities have made a “strong start” in implementing promised economic reforms.

“The momentum needs to be sustained, as significant structural and institutional reforms are still needed to address economic imbalances that held Ukraine back in the past,” Lipton said.

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“The country’s national debt is expected to reach 135 percent of GDP this year, which means it will practically double from last year’s 70 percent.”

you wouldnt call that good governance..or maybe “they” would?

401

Israeli firms compete in Greece fire sale

•August 4, 2015 • Leave a Comment

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http://www.jpost.com/Business/Business-News/Israeli-firms-compete-in-Greece-fire-sale

Mekorot Israel National Water Co. is in informal discussions to purchase the Athens and Thessaloniki water and sewage companies. One Israeli group is among 17 anonymous foreign bidders for natural-gas company DEPA. Another has expressed interest in buying weapons manufacturer Hellenic Defense Systems.

Hellenic Republic Asset Development Fund CEO Costas Mitropoulos revealed the above to reporters in Tel Aviv on Sunday, in between meetings with about 50 different potential Israeli investors. He said he hopes to attract Israeli interest in tender processes for other assets, including The Hellinikon, Athens’s abandoned former international airport and the site of Europe’s largest urban regeneration project.

HRADF has been given the enormous task of facilitating the privatization of dozens of public assets, with the aim of reducing Greece’s massive public debt and averting a sovereign default. Real estate accounts for about 55 percent of the expected proceeds, infrastructure (including energy) for 35%, and the sale of government shares in corporations such as Hellenic Telecommunications will account for the remaining 10%.

The fund, which was established last August, aims to raise 19 billion euros by 2015. Total cash proceeds from the sale of gaming and mobile telephony licenses last year amounted to about 1.6 billion euros and accruals to 1.8 billion euros.

Mitropoulos and his team are under no illusions about the difficulties they face. However, he said, the 17 expressions of interest for DEPA represent “a major sign of confidence” – especially when compared to the 2011 privatization of Portugal’s electricity corporation, which received official interest from only five parties.

“We are inviting investors from around world that take a similar view to us, who look at the long-term horizon and who believe that in Greece they can make the extra return they are after,” Mitropoulos said. “Its success depends primarily on international market conditions and also on our ability to proffer the assets and put them on the market.”

Each asset will ultimately be rewarded to the highest bidder, he said. The state’s 65% share in DEPA, 51% share in the Public Power Corporation and 35% share in Hellenic Petroleum will all come under the hammer. So, too, will 12 major seaports, about 350 smaller seaports, 37 regional airports, six highways and prime tourism land.

Greek economists estimate the privatization program will add .3% to gross domestic product over the period in which it takes place, Mitropoulos said.

———–

thanks to isabel for the link..

here they come..like seagulls around a hot chip..squawking and flapping their wings..

they want to clean up all the pieces of meat left hanging from the skeleton..

“Mekorot Israel National Water Co. is in informal discussions to purchase the Athens and Thessaloniki water and sewage companies. One Israeli group is among 17 anonymous foreign bidders for natural-gas company DEPA. Another has expressed interest in buying weapons manufacturer Hellenic Defense Systems.”

401

Big chunk of JP Morgan’s gold holdings withdrawn in one day

•August 4, 2015 • 1 Comment

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http://srsroccoreport.com/big-chunk-of-jp-morgans-gold-holdings-withdrawn-in-one-day/big-chunk-of-jp-morgans-gold-holdings-withdrawn-in-one-day/

In just one day, a big chunk of JP Morgan’s gold was withdrawn from the COMEX.  It’s been a while since we have seen such a large single withdrawal.  According to the CME Group’s Friday Warehouse Depository gold stocks, a whopping 200,752 ounces of gold were removed from JP Morgan’s Eligible category.

If we look at the table below, we can see JP Morgan’s total gold inventories fell from 1,398,214 oz on Thursday (7/30/2015) to 1,197,462 oz:

Basically, JP Morgan lost nearly 15% of its total gold inventories in one day. You will notice that JP Morgan only has 115,754 oz of gold in its Registered category.  This is gold that is ready to be delivered.  This 200,752 oz gold withdrawal would have totally wiped out JP Morgan’s Registered gold inventories.

Furthermore, there was another large 72,022 oz gold withdrawal from HSBC for a total of 272,871 oz from the two banks.  Not only are investors starting to be concerned about the Greek situation in Europe spinning out of control, there is growing fear of a possible meltdown of the broader stock markets this fall.

This has sparked a huge increase in physical gold and silver buying shown by the record 170,000 oz of Gold Eagles sold in the month of July, including 5.5 million oz of Silver Eagles (even with the U.S. Mint suspending Silver Eagle sales for two weeks).

If you look at the COMEX Gold Inventory table closely, you will notice that the total Registered Gold inventories are a lousy 351,519 oz.  This is less than peanuts.

Two withdrawals like JP Morgan experienced on Thursday, would totally wipe out the Bankers Registered gold iventories.

I believe things will become quite interesting this fall.  Investors need to WAKE UP to the fact that there are very few excellent stores of wealth going forward.  Gold and silver are probably two right at the top of the list.

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“JP Morgan lost nearly 15% of its total gold inventories in one day.”

this has to be significant..and should be a warning to all..but are they only shuffling paper or is real physical gold involved?

“Two withdrawals like JP Morgan experienced on Thursday, would totally wipe out the Bankers Registered gold iventories.”

401

Iran to build two nuclear power plants on Persian gulf coast

•August 4, 2015 • Leave a Comment

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http://english.farsnews.com/newstext.aspx?nn=13940508000656

Deputy Head of the Atomic Energy Organization of Iran (AEOI) Mohammad Ahmadian announced the country’s plans to build two nuclear power plants on Makran coastline, Southeastern Iran.

“Two 100MW nuclear reactors will be constructed on Makran coastline of the Sea of Oman to generate electricity,” Ahmadian said on Thursday.

“At present, necessary studies to build the two power plants are being carried out through cooperation with 17 research institutes and consulting engineers companies,” he added.

In relevant remarks on Sunday night, Head of the AEOI Ali Akbar Salehi announced that two new nuclear power plans are to be constructed in the Southern province of Bushehr.

“The new plants will cost around 300 trillion rials (more than $10 billion) and about 15,000 technicians will be hired to have the projects completed in the upcoming three or four years,” Salehi said in a televised interview.

Iran plans to produce at least 190,000 SWUs (Separative Work Units) of nuclear fuel at industrial scale, while it also thinks of producing about 1,000,000 SWUs later in future, which will be needed to fuel 5 power plants like Bushehr nuclear power plant.

The country has inked an agreement with the Russians to construct two nuclear power plants for the generation of electricity, and is also in talks with the Chinese for the construction of two more such power facilities.

Talks with Chinese are being held about the Arak nuclear reactor and some other projects, Salehi added.

———–

a few more targets for the wahhabi’s/zionist’s/wasp’s?

“The country has inked an agreement with the Russians to construct two nuclear power plants for the generation of electricity, and is also in talks with the Chinese for the construction of two more such power facilities.”

401

Greek shares set to plunge 20% as stock exchange reopens

•August 3, 2015 • 1 Comment

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http://www.bbc.com/news/business-33754005

The Athens Stock Exchange is set to plunge by as much as 20% on Monday when trading finally resumes after a five-week closure, traders have predicted.

The bourse was shut just before the Greek government imposed capital controls at the height of the debt crisis.

Traders said they expect sharp losses as a result of pent-up trading and fears about Greece’s worsening economy.

Takis Zamanis, chief trader at Beta Securities, is among the pessimists.

“The possibility of seeing even a single share rise in tomorrow’s session is almost zero,” he said.

“There is a lot of uncertainty about the government’s ability to sign the… bailout on time and for possible snap elections.”

Shares in banks are likely to be particularly hard-hit because Greece’s financial sector needs to be recapitalised.

A report in Avgi newspaper, which is close to the government of Prime Minister Alexis Tsipras, suggested Athens was asking for about 10 billion euros (£7bn) this month for bank recapitalisation.

Banks account for about a fifth of the main Athens index. National Bank of Greece’s US-listed stock has fallen about 20% while the Athens exchange has been closed.

One asset manager at a Greek fund said: “The focus will be in the bank shares – they will suffer more because their investors have to face a dilution from the [expected] recapitalisation of the sector.”

Greek banks will not be make a profit this year and are suffering from an increase in bad loans due to the crisis, the manager said.

“It would be realistic to expect a decline of about 15-20% at the opening of the market on Monday,” he added.

———–

get the popcorn ready..

watch it here: http://www.google.com/finance?q=FRA%3AHEE&ei=iA2_VbmuIoKR0ASvvo6QAw

401

The top 5 US banks have a total derivative exposure of $247 trillion

•August 3, 2015 • 3 Comments

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the reset will happen..its only a matter of when..

http://dailyreckoning.com/the-bis-nightmare-that-will-send-the-world-into-panic/

The derivative position of US banks for Q1 2015 has just been published and the reading is more frightening than ever…

The top 5 US banks have total a derivative exposure of $247 trillion. This is 3.5 times world GDP. Total derivatives for all banks in the world are just over $600 trillion. But these figures are less than half of the real exposure. A few years ago the BIS in Basel changed the basis of valuation of derivatives to “Value to Maturity.”

This basically halved the value of outstanding derivatives overnight. Based on the old and proper valuation, the total outstanding today would probably be at least $1.5 quadrillion. And remember, when a counterparty fails, notional value is the real value that will be lost.

It is absolutely guaranteed that this $1.5 quadrillion will implode in the next few years and drag the whole financial system with it. But before that process has finished, central banks worldwide will print a few quadrillion dollars, euros and yen in their desperate attempt to prevent an unsalvageable tragedy.

Within the derivative numbers of the top US banks we are now seeing some surprising changes in the precious metals.

The notional amount of precious metals has gone from $22 billion in Q4 2014 to $75 billion in Q1 2015 and Citigroup accounts for most of that increase. The OCC report (Office of the Comptroller of the Currency) also states that a massive increase has taken place in commodity derivatives from $257 billion in Q4 2014 to $4 trillion in Q1 2015, with JP Morgan accounting for 96% of this figure. 

There is no explanation as to what “Commodities” contains. It could include silver but that would be inconsistent with the precious metals total figure. But it would not be surprising if banks did attempt to conceal the size of strategically important positions.

Whatever is hidden in the figures, it is clear that the banks are sitting on positions in metals that will cause a disruption in gold and silver which will move the market higher by multiples of today’s price in the next year or two.

This move could start in the coming week with Greece being the catalyst, or the banks may be able to delay the move until the autumn. But the combination of the world’s economic problems and the massive derivative exposure makes the situation in the metals explosive.”

————

“Based on the old and proper valuation, the total outstanding today would probably be at least $1.5 quadrillion.”

a quadrillion..whats that look like?

1,000,000,000,000,000,000,000,000

think about it..world GDP is about 50-60 trillion..

401

 
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